21st May 2015 00:13 clock

Distinctive residential customers Board Rainer Neske

Distinctive residential customers Board Rainer Neske | © Arne Dedert / dpa

riot before the shareholder meeting of Deutsche Bank: The Private Clients chief Rainer Neske leaves the Frankfurt DAX company prematurely. The Supervisory Board followed on Wednesday the request of the 50s and sparked Neskes agreement on 30 June. Successor According to Deutsche Bank Christian Sewing, responsible for law.

Neske had fought in vain against the recent decision to separation of the Postbank. As the Board festzurrte the future course in April, he should have voted against it as a single. That Postbank is repelled and the German bank also wants good close every fourth own branch, weakening the private client division. Neske had instead made strong for even greater integration of the Bonn subsidiary Postbank in the German Bank Group.

Supervisory Board Chairman Paul Achleitner thanked Neske for 25 years in the service of the Deutsche Bank, and added: “. Given the new strategic direction of the business unit residential and business customers, we have agreed that a new leadership is appropriate” Born in Westphalia Neske was 2009 Member of the Executive Board and responsible for the business with private and business customers since 1 April. His contract had yet been made by 31 March 2017.

In addition, the Institute has announced further personnel changes in the Executive Board, which are part of its strategic realignment. Co-CEO Anshu Jain will the Board take responsibility for strategy and organizational development. This area was “for the adjustment of the operating model of the Bank to increase efficiency significantly,” it said. Jain passes it to the Global transactions (Global Transaction Banking) to CFO Stefan Krause, who also takes on tasks of Co-CEO Jürgen Fitschen. Fitschen is currently under pressure because he must answer before the Munich District Court for attempted process fraud.

The abrupt reshuffle the board is expected to make at the meeting on that spe in Frankfurt for another explosive. In any case, many critical questions of shareholders are expected: The previous goals missed double top Anshu Jain and Jürgen Fitschen, still gobble litigation billion. Also for the new course there is investor side is not fully backing.